Huge Crowds Welcome Fairway Market To Suffolk County

             Huge Crowds Welcome Fairway Market To Suffolk County

THE ICONIC NYC GROCERY STORE OPENS IN DSW PLAZA IN LAKE GROVE ON JULY 23, 2014

PARTNERSHIP WITH FAIRWAY MORTGAGE CORP. ANNOUNCED AT GRAND OPENING TO GIVE
AWAY HOUSE TO A DISABLED IRAQ/AFGHANISTAN WAR VETERAN ON LONG ISLAND

PR Newswire

NEW YORK, July 23, 2014

NEW YORK, July 23, 2014 /PRNewswire/ --Throngs of people lined up today for
the opening of Fairway Market (NASDAQ: FWM) at DSW Plaza, 3200 Middle Country
Road in Lake Grove, Long Island, New York. The 50,000 square foot store is the
first Fairway Market location in Suffolk County on Long Island and the
company's 15^th food store in theNew York, New Jersey, Connecticut tri-state
region.

"We're very excited to make Suffolk County our newest home and offer its
residents what those in Nassau County, as well as in New York's five boroughs,
Westchester County, New Jersey and Connecticut already have access to –
Fairway's unprecedented array of traditional and specialty foods and groceries
all under one roof and at great values," said Charles Santoro, Executive
Chairman of Fairway Market. "The location is ideal; DSW Plaza is also home to
such national names as Designer Shoe Warehouse, Toys R Us and Babies R Us, and
it is directly across the street from the Smith Haven Mall, so it is right in
the heart of Suffolk County."

Santoro also announced that Fairway Market is joining forces with Fairway
Independent Mortgage Corp. to help raise funds for a mortgage -free home
give-away for a returning wounded or disabled Iraq and Afghanistan war veteran
on Long Island. On Wednesday, July 30, a Shopping Night will be held in the
store in which 25% of all proceeds from sales will go directly to the effort.

Joining Fairway Market executives at the ribbon-cutting ceremony were New York
State Senator John Flanagan, Robert Scottaline, Mayor of Lake Grove, Michael
Fitzpatrick, State Assemblyman, Edward Romaine, Brookhaven Town Supervisor,
Valerie Cartright, Brookhaven Councilwoman, Thomas Climini, Suffolk County
Legislator, Angie Carpenter, Suffolk County Treasurer, and Tom Ronayne,
Director of Veterans Affairs for the Suffolk County Executive's Office, among
other dignitaries.

Sam Shalem, Chairman and CEO of Prestige Properties, the owner of the DSW
Shopping Center, welcomed Fairway Market to Lake Grove.

"We are thrilled to have Fairway as our food anchor," said Shalem. "Our
customer base has been eagerly anticipating a Fairway of its own."

Similar to all Fairway Markets, the new store in Lake Grove offers an
exceptional combination of traditional, organic and specialty foods, chosen
from its comprehensive selection of approximately 70,000 SKUs across its store
network and includingdaily-delivered produce, a best of the best kosher
selection, the freshest seafood, custom-cut USDA prime meat, on-the-premises
bakery, cheeses from around the world, a classic New York deli counter, and
much more.

"We look forward to providing customers a fabulous food shopping experience
with fresh, natural, organic and conventional foods at terrific prices," said
Bill Sanford, Fairway's Interim Chief Executive Officer. "We are also proud to
be creating approximately 250 jobs at this location, and eager to make an
impact in the Lake Grove and surrounding communities by being both a great
food market and an active contributor to the surrounding communities."

Howie Glickberg, Vice Chairman of Development, added that, "from the time
Fairway was established 80 years ago, we have worked each and every day to
live the words of our slogan – 'Like No Other Market' – in both our stores and
in the neighborhoods in which we are located. We are committed to making a
difference."

About Fairway Market
Fairway Market is a high-growth food retailer offering customers a
differentiated one-stop shopping experience "Like No Other Market"®. Fairway
has established itself as a leading food retailing destination in the Greater
New York City metropolitan area, with stores that emphasize an extensive
selection of fresh, natural and organic products, prepared foods and
hard-to-find specialty and gourmet offerings, along with a full assortment of
conventional groceries. Fairway is headquartered in New York, New York.

Forward-Looking Statements
Except for historical information contained herein, the statements in this
release are forward-looking and made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements involving known and unknown risks and uncertainties and other
factors that may cause Fairway's actual results in current or future periods
to differ materially from forecasted results. Food retail is a large and
highly competitive industry, and Fairway's business involves many risks and
uncertainties, including, but not limited to: our ability to open new stores
on a timely basis or at all; our ability to achieve sustained sales and
profitable operating margins at new stores; the availability of financing to
pursue our new store openings on satisfactory terms or at all; our ability to
compete effectively with other retailers; our ability to maintain price
competitiveness; the geographic concentration of our stores; our ability to
maintain or improve our operating margins; our history of net losses; ordering
errors or product supply disruptions in the delivery of perishable products;
restrictions on our use of the Fairway name other than on the East Coast and
in California and certain parts of Michigan and Ohio; our ability to retain
and attract senior management, key employees and qualified store-level
employees; rising costs of providing employee benefits, including increased
healthcare costs and pension contributions due to unfunded pension
liabilities; our ability to satisfy our ongoing capital needs and
unanticipated cash requirements; and other risk factors detailed in our
filings with the Securities and Exchange Commission ("SEC"), and available at
the SEC's website at www.sec.gov. You are urged to consider these factors
carefully in evaluating the forward-looking statements herein and are
cautioned not to place undue reliance on such forward-looking statements,
which are qualified in their entirety by this cautionary statement. The
forward-looking statements made herein speak only as of the date of this press
release and the company undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or circumstances.

SOURCE Fairway Market

Website: http://www.fairwaymarket.com
Contact: Investor Contact: Fairway Group Holdings Corp., Nicholas Gutierrez,
Manager of Finance & Investor Relations, (646) 616-8103,
Nicholas.gutierrez@fairwaymarket.com; Media Contact: DKC: Bruce Bobbins/212
981 5190; Susan Graziano/212 981 5130; Gary Baronofsky/212 981 5140
 
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